Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Wachovia Board Bids Farewell to Thompson
By Janet LevauxWachovia announced June 2 that director Lanty Smith was appointed interim CEO, succeeding Ken Thompson, who retired at the request of the board; Thompson had...
June 24, 2008
Oh, the humanityMore bad news from the Wall Street Journal this week. Home-price declines continued to get steeper in April, according to the S&P/Case-Shiller indexes and the...
June 24, 2008
Speculators -- Victims or vultures?Both presidential candidates would have you believe speculators are an evil, sub-human form of life coming to eat your children. The facts, regardless of the...
June 18, 2008
Roy BrowningW.J. Bradley Company announced Roy Browning's appointment as chief financial officer. Browning most recently served as executive vice president and CFO at Collateral Real Estate Capital LLC.
June 18, 2008
Two AMT Patches Introduced; House Panel Approves Rangel VersionThe House Ways and Means Committee was set to consider legislation on June 18 introduced the previous day by Chairman Charles Rangel (D-NY) that would protect middle-class families from the alternative minimum tax (AMT) this year. The bill, the Alternative Minimum Tax Relief Act of 2008 (H.R. 6275), would ensure...
June 15, 2008
Cost of care$3,008: National average monthly rate for a private room in an assisted living facility. $209: National average cost of a private room in a nursing home. $59: Average daily rate for adult day care. Average daily cost of a privat
June 10, 2008
Firms reach out to hybrid advisorsAs the number of dually registered advisors climbs, firms are reaching out for talented advisors and their clients' assets, according to Kristen McNamera on CNNMoney.com....
June 08, 2008
Good Time to Be a Seller, Sort OfIt's a good time to be a seller of an RIA firm, at least a certain kind of RIA firm, according to the latest definitive research on mergers and acquisitions activity in the advisory market, though there has been a slowdown so far in 2008 on completed deals.